This Frost Radar provides information on the companies involved in manufacturing photoelectric, proximity, and vision sensors, as well as level, temperature, pressure, and flow sensors across Asia-Pacific. Modern sensors used in manufacturing are changing the way the data collected from assets is used and communicated by providing enhanced signal processing and data communication capabilities. Innovation and the ability to introduce newer versions into the market are key requirements for companies that wish to succeed in an Industry 4.0 environment, and most companies profiled in the Radar have sensors as part of their overall portfolio. However, they are actively looking to take advantage of their position to expand their offerings and thereby their revenues. Almost all of the companies profiled are based in Europe, the United States, or Japan. Many companies are looking to invest in their IIoT portfolio and sensors revolve around these technologies to enable improved efficiency in manufacturing. This has made it important for companies to look at the manufacturing floor in a different perspective. In this light, sensor manufacturers have also started to collaborate with leading solutions providers to provide a seamless transition from traditional systems. Frost & Sullivan has profiled 20 companies based on information regarding their strengths, weaknesses, and opportunities in the industrial space. All of the companies view Asia-Pacific as a key region, given its immense potential.
The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
Author: Krishnan Ramanathan
Industry Overview
Project Scope—Select Automation Products
End Users
End Users (continued)
The Frost Radar
Frost Radar—Description of Companies Plotted
SICK Sensors
Pilz
Banner Engineering
Balluff
Leuze Electronic
Omron
Sensirion
Advantech
Honeywell
Yokogawa
Baumer
Rockwell Automation
National Instruments
Pepperl+Fuchs
Schneider Electric
Cognex
Autonics
Keyence
ABB
Emerson Process Management
The Last Word—Key Takeaways
Legal Disclaimer
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)
Frost Radar—C2A
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
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Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Krishnan Ramanathan |
| Industries | Test and Measurement Instrumentation |
| WIP Number | PABD-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9405-A5,9594,9898-A5 |
Frost Radar in the Asia-Pacific Sensors Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
12-Nov-2019
Asia Pacific
Frost Radar
